The Countries That Pay Their Athletes the Most for Winning an Olympic Medal

While having the opportunity to compete for their respective countries is a reward in itself, many Olympic athletes receive financial bonuses for winning medals at the Olympic Games.

According to the renowned Forbes magazine, the country that far surpasses others with this bonus is Hong Kong, which pays its athletes $768,000 for a gold medal and $380,000 for a silver medal.

After Hong Kong, the countries that pay the most are Israel ($275,000) and Serbia ($218,000).

Knowing the top three countries with the highest financial rewards, we can look at the bonuses from some notable countries. Italy offers a reward of $193,410, followed by Spain with a bonus of $101,003, and France, the host of the event, with an incentive of $85,960. These bonuses are for gold medals.